Software (ETR:SOW) Given a €34.00 Price Target by Baader Bank Analysts
Software (ETR:SOW) has been given a €34.00 ($39.53) target price by Baader Bank in a report released on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Baader Bank’s target price points to a potential upside of 33.81% from the stock’s previous close.
Several other equities research analysts have also issued reports on SOW. JPMorgan Chase & Co. set a €26.00 ($30.23) target price on Software and gave the company a “neutral” rating in a research report on Thursday, September 26th. Credit Suisse Group set a €32.70 ($38.02) price objective on shares of Software and gave the company a “neutral” rating in a research report on Friday, July 19th. Warburg Research set a €30.00 ($34.88) price objective on shares of Software and gave the company a “buy” rating in a research report on Monday, July 22nd. UBS Group set a €35.00 ($40.70) price objective on shares of Software and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, Goldman Sachs Group set a €34.00 ($39.53) price objective on shares of Software and gave the company a “neutral” rating in a research report on Friday, July 19th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. Software has an average rating of “Hold” and an average target price of €35.23 ($40.97).
ETR SOW traded down €0.43 ($0.50) on Monday, reaching €25.41 ($29.55). The company had a trading volume of 154,211 shares, compared to its average volume of 271,805. The stock has a market capitalization of $1.89 billion and a P/E ratio of 11.60. The company’s fifty day moving average is €24.98 and its 200 day moving average is €28.40. Software has a 52-week low of €22.80 ($26.51) and a 52-week high of €41.09 ($47.78). The company has a quick ratio of 1.40, a current ratio of 1.44 and a debt-to-equity ratio of 29.64.
Software Aktiengesellschaft provides software development, licensing, and maintenance; and information (IT) services worldwide. It operates through three segments: Digital Business Platform, Adabas & Natural, and Consulting. The company offers Adabas & Natural, a transaction processing platform that enables digital enterprises to leverage core systems in various ways; Alfabet for use in IT planning and portfolio management, as well as enterprise architecture management; Apama, a platform for streaming analytics and intelligent automated actions on fast-moving big data; and Architecture for Integrated Information Systems, a platform that makes processes transparent, controlled, manageable, and agile.
Read More: Diversification For Individual Investors
Receive News & Ratings for Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Software and related companies with MarketBeat.com's FREE daily email newsletter.